Airbnb Inc. (NASDAQ: ABNB) is -37.70% lower on its value in year-to-date trading and has touched a low of $86.71 and a high of $212.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ABNB stock was last observed hovering at around $114.01 in the last trading session, with the day’s loss setting it -10.29% off its average median price target of $135.00 for the next 12 months. It is also 47.35% off the consensus price target high of $197.00 offered by 38 analysts, but current levels are -3.72% lower than the price target low of $100.00 for the same period.
Currently trading at $103.72, the stock is -11.69% and -8.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.36 million and changing -9.03% at the moment leaves the stock -24.68% off its SMA200. ABNB registered -38.97% loss for a year compared to 6-month loss of -36.82%. The firm has a 50-day simple moving average (SMA 50) of $9.27 and a 200-day simple moving average (SMA200) of $46.33.
The stock witnessed a -7.06% gain in the last 1 month and extending the period to 3 months gives it a 8.36%, and is -17.05% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.49% over the week and 4.36% over the month.
Airbnb Inc. (ABNB) has around 6132 employees, a market worth around $69.84B and $7.38B in sales. Current P/E ratio is 56.55 and Fwd P/E is 41.44. Profit margin for the company is 16.90%. Distance from 52-week low is 19.62% and -51.21% from its 52-week high. The company has generated returns on investments over the last 12 months (0.00%).
Airbnb Inc. (ABNB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Airbnb Inc. (ABNB) is a “Overweight”. 38 analysts offering their recommendations for the stock have an average rating of 2.50, where 21 rate it as a Hold and 2 think it is a “Overweight”. 13 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
Airbnb Inc. is expected to release its quarterly report on 11/03/2022.The EPS is expected to grow by 92.40% this year
Airbnb Inc. (ABNB) Top Institutional Holders
The shares outstanding are 638.41M, and float is at 384.11M with Short Float at 4.31%.
Airbnb Inc. (ABNB) Insider Activity
A total of 228 insider transactions have happened at Airbnb Inc. (ABNB) in the last six months, with sales accounting for 182 and purchases happening 46 times. The most recent transaction is an insider sale by BALOGH ARISTOTLE N, the company’s Chief Technology Officer. SEC filings show that BALOGH ARISTOTLE N sold 2,500 shares of the company’s common stock on Sep 15 at a price of $125.29 per share for a total of $0.31 million. Following the sale, the insider now owns 0.24 million shares.
Airbnb Inc. disclosed in a document filed with the SEC on Sep 15 that Johnson Belinda J. (Director) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Sep 15 and was made at $125.29 per share for $0.13 million. Following the transaction, the insider now directly holds 5920.0 shares of the ABNB stock.
Still, SEC filings show that on Sep 13, Gebbia Joseph (Director) disposed off 250,000 shares at an average price of $121.87 for $30.47 million. The insider now directly holds 1,750,101 shares of Airbnb Inc. (ABNB).